The National Credit Union Administration (NCUA) Office of Credit Union Resources and Expansion will host a webinar, “Financial Inclusion: Pathways to Serving the Underserved.” The webinar focuses on service to low-income and underserved communities and […]
A webinar focusing on credit union service to low-income and underserved communities will be hosted March 11 by the National Credit Union Administration’s (NCUA) Office of Credit Union Resources and Expansion and will include representatives […]
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]
The recently announced sale of the agency’s taxi medallion loan portfolio to Marblegate Asset Management LLC was the best option for meeting the agency’s statutory obligation to achieve the least long-term cost to the National […]
A two-day Minority Depository Institution (MDI) Forum taking place at the Treasury Department and the National Credit Union Administration (NCUA) next week, March 3 and 4, is open to credit unions on a first-come, first-served […]
The National Credit Union Administration (NCUA) Board adopted an interagency policy on allowances for credit losses (ACLs) as affected by the upcoming current expected credit loss (CECL) accounting standard at its meeting Thursday in Alexandria, […]
Corporate credit unions could invest in subordinated debt instruments issued by credit unions – action proposed in a regulation last month – but would be required to fully deduct the amount of the instrument from […]
Taxi medallion loans, held since several credit unions making the advances were liquidated in 2018, have been sold by the federal credit union regulator, the agency said Wednesday. In a release, the National Credit Union […]
The National Credit Union Administration (NCUA) Board will meet in closed session on the following: Supervisory Action. Closed pursuant to Exemptions (8), (9)(i)(B), and (9)(ii). Board Appeal. Closed pursuant to Exemptions (6), and (8). Board […]
The former CEO of the now-defunct C B S Employees Federal Credit Union of Studio City, Calif., got away with embezzlement for about 20 years undetected by staff or the credit union’s federal regulatory agency […]
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